“Solomon Wachtler (born April 29, 1930) is an American lawyer and Republican politician from New York. He was Chief Judge of the New York Court of Appeals from 1985 to 1992.[2] Known for the remark, “A marriage license should not be viewed as a license for a husband to forcibly rape his wife with impunity” (in People v. Liberta), Wachtler was a key figure in making spousal rape a criminal offense. He achieved national notoriety when he was charged with, and then convicted of, acts stemming from threats he made against a former lover and her daughter. Upon conviction, Wachtler served a fifteen-month prison sentence.”

I know what you’re thinking: What does another republican from history (with the mix of good and bad) have to do with a ham sandwich?

Ah, now we get to the key thing he said:

“As Chief Judge, Wachtler served not only as the head the Court of Appeals, but also as the chief administrator for the state court system. He made significant administrative changes, called for the merit selection of judges, implemented streamlined procedures, reduced opportunities for “judge shopping,” and reformed the state’s grand jury system. Wachtler also tried to improve women’s and minorities’ access to justice. He created a New York State Judicial Commission for Minority Concerns, a Workforce Diversity Program, and a New York State Task Force on Gender Bias.

Wachtler was famously quoted by Tom Wolfe in the 1987 novel The Bonfire of the Vanitiesthat “a grand jury would ‘indict a ham sandwich,’ if that’s what you wanted.”

Also of note is Human Abedin, her Islamist assistant seems to be running very low-key since it’s her ex, Anthony Weiner, whose lap-top (and his computer, lol) have become the focus of a very embarrassing discovery of 650-thousand emails.

It Keeps Getting Better

Sometime this week, I have to get on the phone with with my lawyer/consigliere and ask him whether there is such a thing as a “Preemptive Pardon” under the law.

In other words, if our hypothetical “Ham Sandwich” were already indicted, and were either brought to trial, or had been convicted of a crime, then I’d place the odds near 100% the the current occupier of the Oval Office would issue a pardon, just like Bill Clinton did for fugitive financier Marc Rich back when.

Constitutional scholar, or not however, there is a very sticky question here: Could the president issue a pardon or clemency in advance of a finding at law of wrong-doing?

And, if such a fine paper-over was attempted, would an opposition party (*which would get to appoint a Supreme Court justice or three) be inclined to honor such a “Get out of jail free” card?

Next week’s election, I figure, will still be swiped by Clinton. So maybe she will “pardon herself” but even then, the question would be whether a sitting president could pardon themselves.

I don’t think so. If it was possible, Then Slippery Dick (Nixon) would have done so in the Watergate fiasco. And certainly current events are at least of that scale. And we have to believe when you toss in the unconstitutional abuse of powers in areas like unchecked immigration, that Executive Arrogance is running at never-before-seen levels.

It will all likely come down to timing. Obama is likely to do a “Pardon—Swap” if Hillary (with Soros connected voting machine help) wins.

The swap would be “No jail time for the Clinton Foundation pay to play” in return for “No jail time for the treasonous disregard and breaches of national security and peace for massive immigration of largely unvetted Middle East and South Americans” as Obama’s press to wipe out historical American norms, like the “melting pot” concept move forward.

Speaking of Which

Maybe they have figured out how good Ham Sandwiches are in the former Land of the Brave.

Green Eye Shades Dept.

Yes, I clicked out of my triple-levered short position in the market Wednesday just ahead of the Fed meeting. In doing so, I left 14-cents a share on the table. With hundreds and hundreds of shares, I could beat myself up pretty good. Except that it looks like I captured about 90% of the decline since September 1, so I’m trying to go easy on myself.

Compared to a passbook savings account paying one-quarter of one percent, my return for just two months is 26.8-times what a bank pays in a year.

Job Cuts Good, Where next?

No telling what will be in tomorrow’s Employment Situation Report, except it will be nominally “good” because the real slam comes with the January reports issued in February when the whole past year of fibs and stretches is confessed in a statistical manure pile.

What we do have this morning is the Challenger Job Cut report. If I can quote from the press release:

“In the final month before the general election, planned job cuts announced by U.S.-based employers fell to the second lowest level of the year, according to the report released Thursday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

Employers announced 30,740 job cuts in October, a 31 percent decline from the 44,324 planned layoffs reported in September. Last month’s total was 39 percent lower than a year ago, when announced job cuts totaled 50,504.

The October total was the second lowest of the year, behind the 30,157 job cuts announced in May. It was the lowest October total since 1999, when 22,814 job cuts were announced in the first month of the fourth quarter.”

Does that mean the economy is picking up?

Hmmm… difficult question, that.

You see, when money is free – and going to stay that way until December with yesterday’s expected No Move from the Fed – there is very little risk to business to expand a bit.

But we are in the Big Tipping Point, which is where Globalism and Trade begin to equalize. This reduces growth in other countries and means we have to look, once again, at the $20-trillion dollar problem /elephant in the room, the National Debt.

At some point, trade declines and when it does we are right back with the Vicious Cycle and that’s when the all-services (95% services) economy begins to run out of customers. And once the services begin to collapse, we can expect a ride down that could forfeit 80% of the jobs in the country. How much role robotics and coming, robots are coming, will play in that is a fine parlor game.

2.Globalists are working every trick in the book including this latest one, in order to find some “Legal” way to block BREXIT and keep the voters in something they clearly want out of.

There are profound parallels everywhere you look. Take immigration here in the USA. People unanimously want good borders. But a bunch of liberals have taken it upon themselves to “hijack process” in order to break the “melting pot” and they’ve got the upper hand at the moment.

What’s more, since the process-jackers count votes (or in the case of the UK, they pack the Courts) they can weasel out of prompt following the will of voters.

So the New Game Is…

This will be the New Game In Town over the coming years. Especially as less clear-cut scams come along – like Global Warming.

Are CFC’s bad? Oh sure.

But they may not be as bad as ripping apart people’s former freedoms under the guise of “fighting climate change” or “global tax to save the world” which is where that whole sh*t pancake is flipping.

So keep an eye on it: Freedom: The Reality (BREXIT vote) versus Globalist Crooks (back to parliament where everyone has a control file and can be bought-off or silenced, or sexicided, or…) and you can see the marvelous control paradigm of the humans who run the world.

And likely at the whim of Others.

Do be a good little human, then, and go consume micro-everything. You’ve been bent over and you just don’t know it. We’ll tell you when the Obamacare bills arrive after the election, so for now just go vote for the Ham Sandwich.

(Toss me a blood pressure pill and my crack pipe, wouldja?)

Meantime, Back at the Economy

Productivity and Costs report is just out:

“Nonfarm business sector labor productivity increased at a 3.1-percent annual rate during the third quarter of 2016, the U.S. Bureau of Labor Statistics reported today, as output increased 3.4 percent and hours worked increased 0.3 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.) The quarterly increase in nonfarm business sector labor productivity was the first increase after three consecutive declines in the measure. From the third quarter of 2015 to the third quarter of 2016, productivity was unchanged. (See table A.)

Labor productivity, or output per hour, is calculated by dividing an index of real output by an index of hours worked of all persons, including employees, proprietors, and unpaid family workers.

Manufacturing sector labor productivity increased 1.0 percent in the third quarter of 2016, as output and hours worked increased 1.1 percent and 0.1 percent, respectively. Output per hour increased 2.5 percent in the durable goods manufacturing sector, the combined effect of a 1.9-percent increase in output and a 0.6-percent decline in hours worked.”

WTF? Did people turn off their cell phones at work and log out of FB or something? Is your boss down on you for texting?

Not that it matters much: You still aren’t working hard enough for the Globalist Overseers. Just keep your eyes down and don’t look up at the massah or the ham sandwich that he’s running for office.

Money front: Futures are now up 50, I got out of my short just right…

Note to Peoplenomics Subscribers: The reason for the pause in the decline is we are at the lower trend channel seen in ChartPack chart #10 from Wednesday’s report. Rally to election possible, then down after that setting up the big rally of wave V up into next Spring.

This will make little sense to non-subscribers but if you read Peoplenomics, you will like totally “get it…”

29 Comments

Keith on November 3, 2016 at 20:47

I enjoy your views on the economy, but your personal views are questionable. Your artical mentions Hillary Clinton, Solomon Whachtler, Anthony Wiener, Human? Abedin, Tricky Dick, and the only persons religion mentioned was Huma’s. Just because she is an Islamist does not make her an extremeist. And yes I watched the link to YouTube. No real link to jihadists. Be entertaining, but be truthful.

NM Mike on November 4, 2016 at 06:30

Huma was born in Michigan and her family moved to Saudi Arabia when she was two years old. She remained there until she went to college. Just like Obama, she was technically a US citizen but was brought up in a foreign culture, one that is Sunni Muslim. Saudi Arabia is the origin of most of the 911 hijackers, Osama, and the Wahabi extremist sect of Islam. That alone is suspicious, and the fact that she worked in the family business promoting Saudi interests is even more compelling. Huma is super hot physically, and could seduce most men without trying. She’s perfectly positioned as a spy and needs to be seriously vetted as other than that. I have no evidence that she was.

Bravo3 on November 4, 2016 at 19:17

“Saudi Arabia is the origin of most of the 911 hijackers . . .”

So says YOUR conspiracy theory. Mine says that most of the so-called hijackers were alive and well long after the “event” and the real perpetrators belong to a sect that cannot be named (in the Land of the Free, at least) — just like their mother country which believes that “by way of deception” is a pretty good business model. Thank Jeebus I don’t work for the gubmint or I’d have been forced to clean off my desk 15 years ago.

Anonymous on November 7, 2016 at 06:34

Huma and her religion support female genital mutalation, glad there not hurting anyone.

RD ARK on November 3, 2016 at 16:59

Just a quick question, I noticed that Cliff High indicated that his works suggests Mr. Trump will win the election. I’m curious why you take an opposite position!

Anonymous on November 3, 2016 at 13:40

NBC at WRCDtv.com just posted the 2016 election results. Hillary won They accidentally posted a little early

Hasen Pfeffer on November 3, 2016 at 13:38

The 2012 Mayan deniers haven’t noticed that our Sun has changed from a yellow to a white/blue color. And “that” is what is causing climate change!!! The Sun is getting hotter as it moves through the Galactic Plane.

Goz on November 4, 2016 at 08:19

According to what I have seen the suns output is dropping. Technically that would be cooling.

kim on November 3, 2016 at 13:36

According to what is being reported by experts, A president can Pardon himself. Nixon considered it, but he would have been the first to do this. Then there was the impeachment factor at play. In those days respect for the office was held above the man/party that held it. It was decided that for the sake of the country, and respect for the office Nixon would resign and Ford would pardon him. This can not be said of the Clintons, any thought they would put anything above themselves has never been shown to be their M.O.

Russel Watson on November 3, 2016 at 12:32

yeah, and Strumpet wants to “punish ” women for choosing to have an abortion…l’m thinking midwives and Wiccans are next….what a stellar feller that you support!

Bruno on November 3, 2016 at 10:58

The American public never complained about the debasing of it’s US dollar. Why does anyone, but a few, expect them to notice a ‘ham sandwich’ in the White House?

Bravo3 on November 4, 2016 at 19:26

Ham sandwich you say”? Reminds me of the old saw that women should never ask their man, “What are you thinking?” right after sex. The answer from an honest man would be, “I was thinking, I wish you were a ham sandwich.” True dat! Just ask Bill Clinton.

Warhammer on November 3, 2016 at 10:47

The Brexit fiasco with the High Court interference, coupled with likely pardons (elected or not) of HRC (her royal Clintoness) brought to mind theses two timely quotes from an eerily prophetic author:

“In a time of deceit, telling the truth is a revolutionary act.”

“If you want a picture of the future, imagine a boot stamping on a human face—forever.”

George, you do realize that Trump’s budget will add $5.2 trillion more on the national debt, and Hillary’s almost zero, don’t you? And that Trump’s getting played by the Ruskies? Have all conservatives have gone through the looking glass? Best, Mike.

Bravo3 on November 4, 2016 at 19:31

I’m long Orville Redenbacker for the next few months! EEeee-haaa!! Cancel Netflix.

Ken French on November 3, 2016 at 10:25

I wonder how long it will take for all to understand that Weiner’s laptop is the “missing” laptop of HRC (remember that announcement in July?). I would bet that Umma decided to appropriate it as a benefit of Office to give her hubby. Obviously, I don’t believe her “I have no idea where that came from” excuse. Hmmm. Theft of “government” property containing a complete backup of HRC’s emails as well as Umma’s. Gee, I wonder if the “missing” 32K emails are included in the 640K found.

We live in interesting times. Grab your belt. We are going for “Mr. Toad’s Wild ride”.

cjNct on November 3, 2016 at 10:16

George, Your buddy Cliff High says through his Web Bot work that Trump will trounce Shrillary. You guys need to place a friendly wager…

To big to fail bailout the people here didn’t want Where is real government we have only corruption. Reset is in order if you have a brain

Donk on November 3, 2016 at 08:51

I still believe that the “email server” is a distraction. If it leaves evidence of a rat, and makes rat knaw marks and smells like a rat house, it probably isn’t a bobcat.

You know how often you see a rat vs. a bobcat? Exactly.

I still believe that if we think someone is stupid enough to use email on a non-secure system (plain text transport across the internet) then we are no brighter. I have contended all along that Hillary’s Minions had some other email servers that we will never hear about.

Nobody is that stupid to let 650K emails pile up on the laptop of your amazingly stupid or connected husband.

Donk on November 3, 2016 at 08:55

Iow, I think the Minions were being very selective about what they used to communicate. It doesn’t take a genius to set up a VPN and encrypt emails via that transport.

What it does take is someone who knows at least a little about IT. We need to find that person.

Oh, wait… that’s the guy who was granted immunity for his testimony on “The Distraction”. Oops! Can’t get him to fess up about the Second Email Server now, can we.

Wavecrave on November 3, 2016 at 08:46

Two examples of preconviction pardons are the Xmas eves pardons by GHB of Caspar Weinberger and Claire George who were both wrapped up in that little thingie about delaying the release of Americans held hostage by the Iranians in return for weapons which were sold for cash which was then used to purchase weapons to give to Reagan’s contras who then killed American nuns, raped women and massacred kids.

It’s a bipolar foreign policy the US has. Too bad the chants of USA USA drown out that reality.

Robert Ferrin on November 3, 2016 at 08:45

Well you know George the Free Beacon is no different than the rest of the propaganda outlets out there they twist and turn things around to suit their own agenda. Iran buying billions of planes true in a sense for the article I read said Iran is buying a new fleet of PASSENGER planes from Boeing not warplanes which the article fails to state(trying I suppose to plant a different picture in your mind) then they quote congressional sources which are always suspect and I rather doubt that they are going to send only God knows how many over here to infiltrate the country,simply fails to make any sense to this old coot.!!!

Alex Gordon on November 3, 2016 at 08:44

That’s funny, last night on Southpark they framed this election as a ‘choice’ between a “Giant Douche” and a “Turd Sandwich”. But, I’m still rooting for Cthulhu to make a strong showing.

George, In 1866, the Supreme Court ruled in Ex parte Garland that the pardon power “extends to every offence known to the law, and may be exercised at any time after its commission, either before legal proceedings are taken, or during their pendency, or after conviction and judgment.” (In that case, a former Confederate senator successfully petitioned the court to uphold a pardon that prevented him from being disbarred.) Generally speaking, once an act has been committed, the president can issue a pardon at any time—regardless of whether charges have even been filed.http://www.slate.com/articles/news_and_politics/explainer/2008/07/preemptive_presidential_pardons.html

What a pickle!

Bemused on November 3, 2016 at 08:32

Is a pardon permanent? i.e. can it be undone by a subsequent president?

NM Mike on November 3, 2016 at 18:30

That’s truly unfortunate. The ham cankles needs to be held accountable for her crimes, known and unknown. A pardon, if appropriate, could be issued AFTER the dirty laundry has been fully aired, and the public is aware of the facts.